Onfolio Announces Transformational Strategic Transaction with Paramount Helium, a Strategically Important US-Based Helium Resource

Onfolio entered into a binding Letter of Intent with Paramount Helium to pivot from its online business portfolio into the industrial gas market, targeting access to an estimated $3 billion helium resource in Arizona. The transaction centers on the St. Johns Unit assets, which are estimated to hold over 20 billion cubic feet of recoverable helium and more than 50 kg of rare Helium-3, positioning the company to supply sectors like semiconductor manufacturing and quantum computing.

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